International Investment Law and Water Resources Management - An Appraisal of Indirect Expropriation - Ana Maria Daza-Clark - Book Review

Scarcity of water resources due to
hydrological variability has led governments to adopt measures that may collide
with foreign investors' assets. An example aptly summarising such occurrence is
the 'Cochabamba water war', led by the residents of Cochabamba, Bolivia, and
triggered by the privatisation of the public water services provider that
caused a sudden and extreme rise of water tariffs. The water provider was a
foreign private-service provider, Aguas del Tunari S.A. The protest led the
government to cancel the concession contract with the foreign investor that, in
turn, initiated ...